Midday update for Crude oil 11-12-2018
Economies.com
2018-12-11 10:28AM UTC
Crude oil price keeps its stability below 51.46 level, to keep the negative pressure valid for today, supported by the EMA50, waiting to head towards 49.10 as a next station, reminding you that the continuation of the expected bearish trend depends on the price stability below 52.25 and the most important below 54.00.
Expected trading range for today is between 49.10 support and 52.25 resistance.
Expected trend for today: Bearish
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